Private equity fund India SME Investments has invested in a microlending startup focused on self-employed workers and small merchants, expanding its fintech exposure, a person told VCCircle. The fund, backed by Small Industries Development Bank of India or Sidbi, has invested Rs 40 crore ($5.4 million) in SmartCoin Financials Pvt Ltd, ......
Private equity fund India SME Investments bets on Lightrock-backed microlender
By Debjyoti Roy
- 14 Jul 2021